Should interest on your home loan be deducted from your rental income?

By Marc Sevitz · Updated

Trying to complete the rental income sections: Did you incur any expenses while earning this rental income?
Does interest on the home loan need to be included here?

Which amounts exactly?
TaxTim Marc

TaxTim Marc said:
12 November 2014 at 21:41

Yes it does, the interest would go under the finance costs, the actual bond repayments are not deductible for tax purposes.